NEFFX Alternatives & Similar Mutual Funds

American Funds The New Economy Fund® Class F-2 (NEFFX) belongs to the Global Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with NEFFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to NEFFX

NEFFX charges 0.52% annually. There are 33 mutual funds in the Global Equities category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
GMGEX	GMO Global Equity Allocation Fund	0.01%	—	Nov 1996	NEFFX vs GMGEX
GWOAX	GMO Global Developed Equity Allocation Fund	0.01%	—	Jun 2005	NEFFX vs GWOAX
SSGLX	State Street Global All Cap Equity ex-U.S. Index F...	0.07%	—	Sep 2014	NEFFX vs SSGLX
VTWAX	Vanguard Total World Stock Index Fund Admiral Shar...	0.09%	97.00B	Feb 2019	NEFFX vs VTWAX
UCEQX	USAA Cornerstone Equity Fund	0.09%	—	Jun 2012	NEFFX vs UCEQX

Best Risk-Adjusted Alternatives to NEFFX

NEFFX has a PortfoliosLab risk / return rank of 69. There are 69 mutual funds in the Global Equities category with higher risk-adjusted ranks, going as high as 97.

Symbol	Name	Risk / Return Rank	AUM	Inception
LVAFX	LSV Global Managed Volatility Fund	97	—	Jun 2014	NEFFX vs LVAFX
LVAGX	LSV Global Value Fund	97	—	Jun 2014	NEFFX vs LVAGX
FMIEX	Wasatch Global Value Fund Investor Class Shares	97	—	Sep 1996	NEFFX vs FMIEX
PGVFX	Polaris Global Value Fund	97	—	May 1998	NEFFX vs PGVFX
EPSYX	MainStay Epoch Global Equity Yield Fund	96	—	Dec 2005	NEFFX vs EPSYX

Top Performing NEFFX Alternatives (YTD)

NEFFX is at 15.56% YTD. There are 27 mutual funds in the Global Equities category with higher YTD returns, going as high as 25.53%.

Symbol	Name	YTD Return	AUM	Inception
YFSIX	AMG Yacktman Global Fund	25.53%	—	Jan 2017	NEFFX vs YFSIX
YFSNX	AMG Yacktman Global Fund Class N	25.34%	—	—	NEFFX vs YFSNX
PGTIX	T. Rowe Price Global Technology Fund I Class	25.18%	—	Nov 2016	NEFFX vs PGTIX
LVAGX	LSV Global Value Fund	24.72%	—	Jun 2014	NEFFX vs LVAGX
PGVFX	Polaris Global Value Fund	22.80%	—	May 1998	NEFFX vs PGVFX

Lowest Volatility Alternatives to NEFFX

NEFFX has 20.44% 1-year volatility. There are 226 mutual funds in the Global Equities category with lower 1-year volatility, going as low as 6.90%.

Symbol	Name	Volatility 1Y	AUM	Inception
MBXAX	Catalyst/Millburn Hedge Strategy Fund	6.90%	—	Dec 2015	NEFFX vs MBXAX
MBXIX	Catalyst/Millburn Hedge Strategy Fund Class I	6.93%	—	Dec 1996	NEFFX vs MBXIX
VMVFX	Vanguard Global Minimum Volatility Fund Investor S...	6.97%	2.00B	Dec 2013	NEFFX vs VMVFX
VMNVX	Vanguard Global Minimum Volatility Fund Admiral Sh...	6.99%	2.00B	Dec 2013	NEFFX vs VMNVX
SVTAX	SEI Institutional Managed Trust Global Managed Vol...	7.41%	—	Jul 2006	NEFFX vs SVTAX

Lowest Drawdown Alternatives to NEFFX

NEFFX has a 1-year max drawdown of -13.32%. There are 203 mutual funds in the Global Equities category with shallower 1-year drawdowns, going as shallow as -3.85%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
MBXIX	Catalyst/Millburn Hedge Strategy Fund Class I	-3.85%	—	Dec 1996	NEFFX vs MBXIX
MBXAX	Catalyst/Millburn Hedge Strategy Fund	-3.89%	—	Dec 2015	NEFFX vs MBXAX
RTXAX	Russell Investment Tax-Managed Real Assets Fund	-5.21%	—	Jun 2019	NEFFX vs RTXAX
LVAFX	LSV Global Managed Volatility Fund	-5.76%	—	Jun 2014	NEFFX vs LVAFX
SGMAX	SEI Institutional Investments Trust Global Managed...	-5.88%	—	Jan 2016	NEFFX vs SGMAX

Other Mutual Funds from American Funds

The 10 most viewed American Funds mutual funds shown here include ABALX, AIVSX, AWSHX and span 7 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	78	8.43%	—	Jul 1975	NEFFX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	40	9.73%	—	Jan 1934	NEFFX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	55	8.99%	—	Jul 1952	NEFFX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	19	5.80%	—	Dec 1973	NEFFX vs RGAGX
RERGX	American Funds EUPAC Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed	48	10.30%	—	May 2009	NEFFX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	61	13.21%	—	Aug 1978	NEFFX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	23	4.94%	—	Mar 1973	NEFFX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	19	5.73%	—	Dec 1973	NEFFX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	81	8.35%	—	Dec 1973	NEFFX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	17	4.76%	—	Jan 1967	NEFFX vs AMCPX

Often Compared With NEFFX

Investors most often compare NEFFX with VTI, DODEX, MFWIX. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	78	12.18%	2.30T	May 2001	NEFFX vs VTI
DODEX	Dodge & Cox Emerging Markets Stock Fund	Emerging Markets Equities	90	21.50%	—	May 2021	NEFFX vs DODEX
MFWIX	MFS Global Total Return Fund Class I	Global Equities	73	7.93%	—	Sep 1990	NEFFX vs MFWIX
GQRIX	GQG Partners Global Quality Equity Fund Institutio...	Quality Factor, Global Equities	27	8.04%	—	Mar 2019	NEFFX vs GQRIX
OBEGX	Oberweis Global Opportunities Fund	Global Equities	44	19.62%	—	Jan 1987	NEFFX vs OBEGX
GQFPX	GQG Partners Global Quality Dividend Income Fund	Quality Factor, Global Equities	68	11.44%	—	Jun 2021	NEFFX vs GQFPX
CSUAX	Cohen & Steers Global Infrastructure Fund Class A	Infrastructure Equities, Global Equities	74	12.09%	—	Aug 2017	NEFFX vs CSUAX
FGIAX	Nuveen Global Infrastructure Fund Class A	Infrastructure Equities, Global Equities	58	11.78%	—	Dec 2007	NEFFX vs FGIAX
LAMYX	Lord Abbett Dividend Growth Fund	Large Cap Blend Equities	56	8.24%	—	Dec 2001	NEFFX vs LAMYX
GQRPX	GQG Partners Global Quality Equity Fund	Quality Factor, Global Equities	26	7.89%	—	Mar 2019	NEFFX vs GQRPX
VGT	Vanguard Information Technology ETF	Technology Equities	60	22.47%	169.20B	Mar 2004	NEFFX vs VGT
GLIFX	Lazard Global Listed Infrastructure Portfolio Inst...	Infrastructure Equities, Global Equities	35	7.23%	—	—	NEFFX vs GLIFX
MVGIX	MFS Low Volatility Global Equity Fund	Global Equities, Low Volatility	56	7.20%	—	Dec 2013	NEFFX vs MVGIX
ARTHX	Artisan Global Equity Fund	Global Equities	30	8.75%	—	Mar 2010	NEFFX vs ARTHX
AGLOX	Ariel Global Fund	Global Equities	85	20.96%	—	Dec 2011	NEFFX vs AGLOX
FPE	First Trust Preferred Securities & Income ETF	Preferred Stock	55	1.13%	6.32B	Feb 2013	NEFFX vs FPE
FID	First Trust S&P International Dividend Aristocrats...	Foreign Large Cap Equities, Dividend	80	11.85%	167.77M	Aug 2013	NEFFX vs FID
VXUS	Vanguard Total International Stock ETF	Global Equities	72	13.32%	651.00B	Jan 2011	NEFFX vs VXUS
BFMSX	BlackRock Low Duration Bond Portfolio	Short-Term Bond	72	0.75%	—	Jul 1992	NEFFX vs BFMSX
VHT	Vanguard Health Care ETF	Health & Biotech Equities	74	6.55%	20.40B	Jan 2004	NEFFX vs VHT

Compare NEFFX with Any Fund or Stock

Compare NEFFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair NEFFX with funds that move differently

American Funds The New Economy Fund® Class F-2 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NEFFX.

Explore NEFFX Diversifiers

American Funds The New Economy Fund® Class F-2 (NEFFX) Alternatives